Weekly News Letter Dated 13th --17th December 2010---Gain from us. Visit: http://www.ibnservice.com/ OR http://nse-bse.blogspot.com/ OR http://mcx-ncdex.blogspot.com/

~~OM~~

India Stock (A Unit of IBN Services, New Delhi)

Weekly News Letter— Dated 13^th – 17^th December 2010

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Advice: Book profits in weekly at gain of 3-10% in stock (Cash/Fut.) & don’t take risk with your money.

NIFTY: Weekly Close: 5857.35 (135.45) Resis – 6050, 6120, 6200, 6350, 6440 Supports – 5800, 5700, 5550, 5400, 5300

SENSEX: Weekly Close: 19508.89 (458.04) Resis – 20200, 20400, 20700, 21000 Supports – 19300, 19000, 18500, 18000

Sensex Range This Week: 19000 - 20500 above which it will touch 2100 & Below Tgt 18300; Support at 19300 closing.

Nifty has good support at 5700 & then 5500 one can buy at dips for good gain. Nifty can face hurdle at 5980 & 6050 on closing basis, trade with trend. Hot sector this Week: Sugar & Bank.

LAST WEEK PROFITS: BAJAJHIND- 9%; STER- 6%; UCOBK-Fut. Rs. 18000; ESSAROIL-Fut. Rs. 20000; HDIL-(Opt) Rs. 10000.0

READER’S PICKS THIS WEEK: NMDC, IFCI, SYNDIBK, ISPATIND, UNITECH, TATAGLOBAL, RELCAP, HINDALCO etc.

 

SCRIP CODE (CMP)	ENTRY LEVEL	TGT1		TGT2-3	SL	REMARKS
Hot - Cash/ Future Stocks for This Week
BAJAJ HIND (104.60)	Must Buy At 104—101	109	111—113		99	Sugar stocks can show good bounce this week.
STER (164.55)	Buy At 164—160	170	173—177		158	Stock is oversold on charts, expect good rise.
Derivative- Future (Strategy for the week)
UCOBANK (114.15)	Must Buy At 114—110	120	123—127		Bel 108	Max Profits: Unlimited	Banking stocks look hot for this week.
UCOBK PA 110 (5.0)	Buy when you buy Fut.	Hedging Position				Max Loss: Rs. 4000
ESSAROIL (129.00)	Buy At 129—125	135	138—142		Bel 122	Max Profits: Rs. 26000	Short covering can be seen toward 150.
ESSARO PA 120 (2.10)	Buy when you buy Fut.	Hedging Positions				Max Loss: Rs. 6000
Derivative- Option
HDIL CA 190 (7.20)	Must Buy At Opening	Options Trading strategy with Low Risk & High Gain this wk				Max Profits: Unlimited	Trade & hold for 4-5 days 4 good gains.
HDIL PA 170 (5.10)	Sell 2 Lots with CA 190					Max Loss: Rs. 5000

 

Weekly News Letter (Dated 13^th – 17^th Dec 2010) Performance Report: Approx Profit / Loss: Rs. 76000.00

SCRIPT	REC PRICE	TGT	PROFIT / LOSS	UNIT	NET PROFIT/ LOSS (Rs.)
BAJA HIND	Must Buy At 104	113	9	2000	Profit Rs. 18000.00(Super Call)
STER	Buy C/Fut. At 164	174	10	1000	Profit Rs. 10000.00
UCOBANK (Fut./Opt)	Must Buy 114 / 3.50	122 / 4.50	8 + 1 = 9	2000	Profit Rs. 18000.00
ESSAROIL (Fut./Opt)	Buy At 125 / 1.50	135 / 1.50	10	2000	Profit Rs. 20000.0 (Super Call)
HDIL (Opt Strategy)	Buy At 7.0 / 4.50	13.0 / 2.50	6 + (2*2) = 10	1000	Profit Rs. 10000.00(Super Call)

 

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